TI1 0.00% 1.4¢ tombador iron limited

I cannot for the life of me understand why the board are keen to...

  1. 83 Posts.
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    I cannot for the life of me understand why the board are keen to sell not only the business but also the stockpile for less than half the value of the stockpile, even putting it at the cost of production. Why wouldn't the company be better off selling the stockpile on the market even if it were to give the rest of the business away? Can anyone enlighten me?
 
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